Bank names manufacturing CEO to board


Matthew Missad. Courtesy Universal Forest Products

A bank has appointed the CEO of a publicly traded manufacturer in the area to its board.

Independent Bank Corp. in Ionia said last month that Matthew Missad, the CEO of Universal Forest Products in Grand Rapids, has been appointed to the role.

Both companies are traded on the NASDAQ, as IBCP and UFPI.

“Matt brings many skills to our board, including experience as the CEO of a publicly traded company, an extensive legal background and outstanding leadership qualities," said Brad Kessel, president and CEO, Independent Bank.

Missad said that Independent Bank, which is celebrating its 150th anniversary this year, has “a rich history.”

“I look forward to working with a talented board of directors and management team at IBC,” Missad said.

Missad has been leading Universal Forest since 2011. Prior to his appointment as CEO, Missad spent more than 15 years as an executive vice president.

He's also a member of the State Bar of Michigan, licensed real estate broker in Michigan and CPA.

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